Bank Reconciliations

Hi Harry435​,

Steps to build a Cashflow Calculator for bank reconciliations.

The goal was to:

• Track monthly income and expenses over 12 months
• Add new rows above the Total line
• Have totals auto-update without needing formula edits
• Make the spreadsheet usable by novices
• Lock formulas to prevent accidental changes
• Provide a historical view of cashflow trends

I have built and tested a solution that meets all these needs.

Here's how it works:

Spreadsheet Structure:

• Details column for income/expense item names
• 12 monthly columns (January to December)
• Row Total column: auto-calculates sum of monthly values
• % column: shows each row’s share of the grand total
• Grand Totals for Income and Expenses
• Bank Reconciliation section with Opening Balance, Income, Expenses, Difference, and Closing Balance

Key Features:

• Excel Tables: Income and Expense sections are formatted as tables. When users insert a new row, totals auto-update.
• Structured Formulas: Grand Totals use =SUM(TableName[Row Total]) so they expand dynamically.
• Formula Protection: All formula cells are locked. Sheet protection allows only row insertion and data entry.
• Novice-Friendly: Users only need to add a row and enter monthly values. Everything else updates automatically.
• Historical View: The 12-month layout helps users track trends in their bank balance and spending habits.

How to Use:

1. Add a new row under Income or Expenses
2. Enter your item name in the “Details” column
3. Fill in monthly values (Jan–Dec)
4. Row Totals and % will update automatically
5. Bank balances and summaries reflect changes instantly

If you have feedback kindly reach out

This tool is designed to empower users with minimal spreadsheet knowledge to manage their finances confidently.

Thanks for reading! —Olufemi